William R Fenoglio Foundation

The William R Fenoglio Foundation is a U.S. nonprofit organization established for philanthropic, charitable, and grantmaking purposes. It is categorized under the classification for philanthropy, voluntarism, and grantmaking foundations.

History and Establishment

The foundation was established in 1996 in Connecticut but is currently associated with activities in Massachusetts, particularly in Scituate[2][3]. It received its tax-exempt status in February 1997[4].

Financial Overview

As of the fiscal year ending 2023, the foundation had total assets valued at approximately $635,000 and zero liabilities. Its revenue for the same year was about $20,800, with expenses totaling around $58,900[1].

In previous years, the foundation's income included contributions and income from sales of assets and dividends. It typically allocates a significant portion of its expenses towards charitable disbursements[1].

Activities and Grants

The William R Fenoglio Foundation supports various charitable initiatives. It has provided grants to organizations such as Father Bill's MainSpring, which focuses on supporting homeless individuals and families[3]. The foundation makes several grants annually to support its mission[3].

Governance and Leadership

William Fenoglio is noted as a trustee for the foundation, with no compensation reported for his role in available records[1]. The organization operates without officer compensation being explicitly detailed in public filings.

[1] https://projects.propublica.org/nonprofits/organizations/61469574 [2] https://fconline.foundationcenter.org/fdo-grantmaker-profile/?key=FENO001 [3] https://www.causeiq.com/organizations/william-r-fenoglio-foundation,061469574/ [4] https://projects.propublica.org/nonprofits/organizations/61469574/202141379349101004/full [5] https://www.causeiq.com/organizations/view_990/061469574/bd7cc5106ddf52c321a40d9f0c533034